Barco Kyan Barco Company Company Kyani Data from the current year-end Data from the current year's balance sheets income statement. Assets Sales $780,000 $ 904,200 Cash $18,500 $ 35,000 Cost of goods sold 585,100 652,500 Accounts receivable, net Interest expense 7,800 15,000 Merchandise inventory 14,992 24,962 Prepaid expenses 5,900 172,108 211,738 Basic earnings per share 5.06 4.49 3.77 3.96 Plant assets, net Total assets Liabilities and Equity Current liabilities Long-term notes payable. Common stock, $5 par value Retained earnings Total liabilities and equity 33,400 55,400 84,240 130,500 7,750 320,000 312,400 $462,040 $ 541,050 $ 63,340 $ 95,300 79,800 170,000 148,900 Income tax expense Net income Cash dividends per share: Beginning-of-year balance sheet data Accounts receivable, net $ 30,800 115,000 Merchandise inventory 57,600 $ 50,200 107,400 236,000 Total assets. 398,000 402,500 94,750 Common stock, $5 par value 170,000 236,000 Retained earnings 104,972 69,924 $462,040 5 541,050